Mindful Trader is a major participant in the financial markets. To make money, owner Eric Ferguson sifts through crucial industry archives. However, investing in stocks is a dangerous endeavor. Don’t worry; my Mindful Trader review will shed light on whether or not this service is a good fit for you and if it’s a scam.
If you’re like most of my readers, you came across Mindful Trader for one main reason:
You want to make more money than you currently make, ideally by leveraging resources you already have.
Maybe you’re even looking for a quick turnaround on some of your cash, instead of waiting years, or even decades for it to double.
Well, you’re in good company – who wouldn’t want all of that?
There’s one thing you need to watch out for though: legitimate scammers.
The idea of making 10X on your money in a day is obviously something that would entice the masses, and so it naturally attracts a lot of bad actors into the financial products space.
But for purposes of this review, let’s assume these people had the best of intentions.
Even with the most sophisticated systems out there, most experts barely manage to get it right 10% of the time…
Obviously, there’s an argument to be made that 1 winning bet can outshine 10 losing ones…
But if you mess up and miss a trade even one time, your month can turn sour pretty quickly.
Suffice it to say, there’s a whole lot of stress & uncertainty.
Now don’t get me wrong, it doesn’t mean you’re guaranteed to lose money. I’m just saying that you need to be aware of what you’re getting yourself into.
But what if you could build a different income stream, and start seeing profits within your first few days?
I’m talking about a system that doesn’t require:
- Obsessively checking your phone and charts
- The emotional turmoil of loss after loss, waiting for that win
- Glorified gambling
Something that you could make anywhere from $2,000 – $10,000 with consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it, without spending every waking hour watching for alerts and pouring over charts?
If that sounds interesting, you might want to think about using the Digital Rental Method.
If you wanna see what Mindful Trader looks like on the inside, keep reading.
What Is Mindful Trader?
Swing trading is the primary emphasis of Mindful Trader, a comprehensive trade alert program. It facilitates the replication of a researched transaction in a matter of minutes. For those who don’t know about swing trading, it’s a short-term stock trading that aims to profit from gains in stock prices that are expected to last for a short period of time.
Mindful Trader focuses on saving customers time by reducing the need to research and evaluate the market. Mindful Trader is perfect for swing traders who want to expand their portfolios and earnings but don’t want to surrender their day jobs. Thanks to its numerous features, even those with no prior trading expertise can take advantage of the platform.
One thing that separates Mindful Trader from the rest in the industry is that they provide you with direct contact with Eric himself. You can communicate with him and ask about everything you don’t understand, from his swing trades, trade performance, and futures trading strategies in the industry. You can tell him about your trading style, ask him what his trading approach is, or, even better, exchange ideas to get the most out of the service.
Eric will explain his Mindful Trader strategies, and he will also share with you his tips about how to choose and trade stocks, how to use Think or Swim, and how to use the indicators in the market.
Who Owns Mindful Trader?
Eric Ferguson created Mindful Trader. He was the valedictorian of his high school and one of those rare kids who received a perfect SAT math score. Eric was also a Stanford University alumni majoring in Economics, which helped him apply his mathematical knowledge to market trends, establishing the perfect platform to conquer the stock market. As a skilled mathematician, he combines his advanced historical stock market analysis with a conscious approach to trade strategies and discovering stock picks for swing traders.
Mindful Trader Pricing
If you’re considering signing up for Mindful Trader, you should know that the Mindful Trader cost is $47 per month. Although it’s more expensive than buy-and-hold services, this is substantially less expensive than day trading services. Mindful Trader’s expected returns are in the middle of the other services; therefore, the price looks on target. This stock alert services company was developed by Eric, who spent $200,000 of his own money on it, so you’re definitely getting a great bargain!
Mindful Trader Features
Whether you’re going to pay a company every month to get stock and trade alerts, you should at least know if the service is worth the money. Let’s check out Mindful Trader’s other offerings to see what we could be missing out on:
Stock Picks
The stock selection service is the key selling point of the Mindful Trader website. The typical range of stock recommendations is between 6 and 8. However, this might vary substantially from week to week. While some weeks may not have stock recommendations, others may feature as many as 10.
Various components go into each trade alert. When you get stock trade alerts, you’ll see something like the following:
- Bought or shorted. “Bought WMT” or “Bought ETN”: This is the name of the stock he traded. Check to see if there are times when it says “shorted” instead of “bought.” He short sells. However, most of the picks will be for buying things.
- Sale Price. The selling price follows the “bought” or “shorted” statement. Here, the price for which he bought or sold the stock is stated.
- The target price. Before Eric takes further action, the stock must hit this mentioned price. Stocks purchased recently must reach the profit target for him to benefit from selling them. If a short occurs, the stock price must decline to the target level first before he can repurchase the stock.
- Stoploss: This is one of every trader’s fundamental trading strategies. Stop-loss is used to set a specific price whenever the stock price moves opposite to what you expect. By opposite direction, it means that direction where you will gain a loss. This will mitigate your losses by selling or buying at a special price so you can proceed to the next trade.
How Do I Get Started?
To begin trading with Mindful Trader, you only need a brokerage account and some capital. While Eric recommends TD Ameritrade, you’re free to use whichever brokerage you choose to copy Eric’s approach; you’ll need at least $10,000 to get started. As daunting as that may seem, mind that Mindful Trader only costs a monthly subscription fee.
Pay-per-portfolio services are virtually always more cost-effective as your portfolio grows. As a result, fees never rise since they don’t charge a portion of your portfolio. The fixed price makes sense since Mindful Trader is not managing your portfolio for you.
Mindful Trader Trade Alerts
Using stock trade notifications may assist you in making quick, lucrative trades that will add to your portfolio and, ultimately, your fortune. One to three trade alerts will be sent daily between 6:30 a.m. and 3 p.m. The most common kind of alerts are swing trades alerts, so if you have five minutes to spare, you can take advantage of them.
When you receive the swing trade alerts, you’ll also receive the details about how much Ferguson paid for it, the profit exit, stop loss, and the ticker. These swing trade alerts will be sent to you by phone or email. It also keeps your investment safe by telling you when to exit a transaction if the target price is never reached.
Are There Alternatives To Mindful Trader?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
Is Mindful Trader A Scam?
Alright, time for the $1,000,000 question: is Mindful Trader a scam?
No, not technically. You can 100% make money with it, but it’s not NEARLY as simple as Mindful Trader wants you to think it is.
You need to understand that you are taking a very big risk with financial products.
So while it’s entirely possible that you hit the big leagues and retire to a vineyard… the path to get there is so stressful, it might just shave a decade off your life… IF you even get there.
A friend of mine actually writes advertisements for one of the largest financial program advertisers in the world… so believe me when I say most of the “awesome” numbers they use in their ads & landing pages are borderline false.
What they conveniently leave out are the dozens of losing bets and trades that came before the big win you’re reading about.
Now, most people don’t have the emotional bandwidth to stick out 3 months of back-to-back losses before (hopefully) getting a big win.
I’d rather use that 3 months of work (in my spare time) building Digital Rental Properties, and then collect a handful of nice little $500-$2,000 checks every single month afterward (AKA passive income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of using the Digital Rental Method).
You can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is a laptop and an internet connection.
Some of my friends are Digital Rental Method that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My Top Recommendation For Making Money In 2022?
I’ve personally tried all of the major online business models:
- I’ve traded crypto & purchased a bunch of fancy “insider stock tip” newsletters
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, using the Digital Rental Method is for you.
Why?
Read Our In Depth Breakdown Of The Top 5 OppStocks Courses For 2024
1)Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2) You Own & Control EVERYTHING: When it comes to the markets, nothing is in your control. You have zero influence over market-shifting macroeconomic trends.
The number of people that have ACTUALLY beat the market consistently can be counted on one hand.
Why pour your soul into a business that you realistically have zero control over?
With the Digital Rental Method, you literally own all of the assets, which means you have ultimate control.
3) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income in the markets, you would need to make twice as many winning trades, or double your profit on each trade. And I can guarantee you that’s a lot harder than a few clicks & a phone call.
4) Make Money Helping Real People: When you make money in the markets, you’re not really helping anyone but yourself. There is a loser on the other end of that trade.
But With the Digital Rental Method, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If y0u can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put f00d on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other programs like Mindful Trader, which might make you money if you luck out.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.
